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SABMiller PLC - Credit Facility Refinancing

RNS Number:2749Y
04 May 2004

      SABMiller plc announces refinancing of its revolving credit facility

4th May 2004

SABMiller plc announces that it has agreed terms for a refinancing of its
revolving credit facility.  The new syndicated facility for a total amount of
US$1 billion, replacing the Group's existing US$720 million facility, was priced
at a floating rate of LIBOR plus 32.5 basis points, and will be used for general
corporate purposes.

SABMiller plc

SABMiller Plc is one of the world's largest brewers, with 2002/03 lager volumes
in excess of 115 million hectolitres.  It has a brewing presence in over 40
countries across four continents and a portfolio of strong brands and leading
market shares in many of the countries in which it has brewing operations.
Outside the USA, SABMiller plc is one of the largest bottlers of Coca-cola
products in the world.

In the year ended 31 March 2003, the group generated US$770 million pre-tax
profit from a turnover of US$9,112 million.  SABMiller plc is listed on the
London and Johannesburg stock exchanges.

This announcement is available on the company website.


Gary Leibowitz
Vice President, Investor Relations        Tel:             +44 (0) 20 7659 0119
SABMiller plc                             Mob:             +44 (0) 7717 428 540

                      This information is provided by RNS
            The company news service from the London Stock Exchange


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